ADCB to continue lending for infrastructure projects

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Abu Dhabi, Jan 25, 2009 (WAM) - Abu Dhabi Commercial Bank (ADCB), one of the UAE's largest banks, will continue lending for infrastructure projects in Abu Dhabi despite the global economic slowdown

National Bonds announces the highest annual profit rate

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Abu Dhabi, Jan 25, 2009 (WAM) - National Bonds Corporation PJSC, the Sharia-compliant national savings scheme, has announced the highest annual profit rate of 7.07 per cent in the UAE on saving sch

Abu Dhabi steel prices plunged 38 per cent in December

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Abu Dhabi, Jan 25, 2009 (WAM) - Weakening domestic demand caused by the global financial crisis depressed local steel prices by up to 38 per cent in December to extend a downward trend in the previ

Dubai to build cycling and pedestrian tracks

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Dubai, Jan 25, 2009 (WAM) - Dubai will have some 580 kilometres of cycling and walking tracks on various roads in a bid to encourage people cover short distances without using private cars accordin

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